A Quote by Victor Koo
Youku Tudou has helped transform how media and entertainment-related content is distributed and marketed since our inception.
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Since our inception, Youku Tudou as the leader in the multi-screen video space has helped transform how video and entertainment-related content is distributed and marketed.
Youku Tudou is a hybrid, like combining Netflix and YouTube. Like Netflix, with Youku, which launched in 2005, we syndicate a library of longform content and create original content. The Tudou model started with user-generated content but is increasingly becoming about partner-generated programming.
Youku Tudou kicked off 2014 in a positive direction. Mobile has become the number one screen for Youku Tudou, and we are the undisputed leader in all of the important mobile video traffic metrics.
Both YouKu and Tudou do original content for a number of years, and we position it based on our difference in terms of age demographic. And so the content itself is really more suitable for the brand itself.
Youku Tudou gives us the reach into China that we've been looking for, and we look forward to sharing even more content with international audiences in the near future.
The combined entity Youku Tudou Inc. represents a dominant leader in online video sector in China with the largest user base, most comprehensive content library, most advanced bandwidth infrastructure, and most effective monetization capability.
Ultimately, entertainment and all the tangents related to it, will come down to one little gadget in our pockets, which is our mobile phones. And such will be the impact of this that they will not just influence but even dictate the content of all the other mediums of entertainment.
Back in 2005-2006 when Tudou and Youku were founded, we saw the inflection point with the opportunity to build the leading PC-based video website.
I do wish to emphasize that in light of the Alibaba deal, Youku Tudou management will remain independent, and we will continue to be open to opportunities for cooperation with other strategic partners going forward.
Today, I have an understanding of the world, and of the entertainment and media industries, of how people consume content.
We really see the future of what we call 'distributed commerce,' so how we get our content, our products, and our brands to consumers.
In a perfect world, the entertainment and media industry and the content on our screens would reflect the true American scene.
We're inquiring into the deepest nature of our constitutions: How we inherit from each other. How we can change. How our minds think. How our will is related to our thoughts. How our thoughts are related to our molecules.
From Jesse James to Charles Manson, the media, since their inception, have turned criminals into folk heroes.
Gaming related content will redefine entertainment and I am looking forward to leading the way.
A lot of good movies produced well can be distributed or marketed badly. Of course, a lot of bad movies marketed well can also fail badly. But we want to be in charge of the value chain. And for this we have to be in software production, distribution, and broadcasting.
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